Question

Weslynn invests $16,139 in a retirement account with a fixed rate compounded continuously. After 11 years she has $25,059.14. What is the interest rate?

Answer 1

Explanation:

To solve for x, you can set up an equation using the information given:

Angle A = 54 degrees

Angle B = 2x - 6 degrees

Since angles A and B are supplementary (meaning they add up to 180 degrees), you can write the equation:

Angle A + Angle B = 180

Substitute the values:

54 + (2x - 6) = 180

Now, solve for x:

2x + 48 = 180

2x = 180 - 48

2x = 132

x = 132 / 2

x = 66

So, x is equal to 66.